As traders considered lingering global trade worries and somewhat hotter-than-expected inflation figures, stocks marginally increased on Thursday.
By 0.3%, or 139 points, the Dow Jones Industrial Average increased. Both the S&P 500 and the Nasdaq Composite saw 0.2% and 0.4% increases, respectively.
A 0.4% gain was recorded for January in the most recent producer price index, which gauges what producers receive in exchange for their goods and services.
This is greater than the 0.3% consensus projection from the Dow Jones. In keeping with the forecast, the core PPI—which does not include food and energy—went up 0.3% for the month.
Source (CNBC)
